28 November 2017
What is EPF Basic Salary , Some company follows 40%, some company follows 50%, each company follows different percentages. Is any Fixed percentage of Basic (in Total Salary/ Wages ) as per EPF Act,
29 November 2017
EPF Rate 13.16% W. E. F 01/04/2017 Break-up of the EPF contribution 12% of the employee’s salary goes towards the EPF. Whereas the employer’s contribution is divided as below: 3.67% goes towards contribution for EPF 8.33% goes towards contribution for EPS 0.5% goes towards contribution for EDLI 0.65% goes towards contribution for EPF administration charges 0.01% goes towards contribution for EDLI administration charges
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